The graphite mineralization from its second and third drill holes starts at surface and ends in mineralization, similar to the first drill hole at Balama, which also intersected 287.5m.
A second diamond drill hole reported 251.5m of graphite mineralization and third hole intersected 287.5m of graphite mineralization.
Based on visual inspection of the core and logging, the graphite content was coarse to very coarse flake in all drill cores, similar to that of BMDD0001 and Trench T5, which averaged 12.7% total graphitic carbon.
Graphite mineralization in the third drill hole appeared to be of higher grade than the first hole with the flake size likely to be slightly smaller than the other two holes, but by the international benchmark represents coarse flake graphite (>177 microns).
The initial holes are designed to test continuity and consistency of the graphite mineralisation in this western section of the Balama Graphite Deposit while drilling of the fourth hole has also commenced.
The graphite mineralization stretches more than 7km and the mineral assemblage is consistent with mostly graphite and quartz along with some green accessory minerals thought to be pyroxenes and amphiboles.
Syrah anticipates that most of the holes in the drill program on this first western area will start and end in mineralization.
The next results to be announced will be the assays for the early holes and core from the first three holes will be split with samples sent to Bureau Veritas in South Africa for assaying.
The company expects results from these three holes to be released to the market in early July.
